Water soluble packaging to replace single use plastic due to growing concerns about the harmful effects of plastic.

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The latest report initiated by Evolve Business Intelligence on the Water Soluble Packaging Market provides a detailed assessment of the market size and forecast from 2020 to 2028. The global water soluble packaging market size is expected to reach $ 1 billion by 2028, with a CAGR of over 7% from 2021 to 2028.

The growth of this market is attributed to the growing need to replace conventional plastic packaging with environmentally friendly water soluble packaging. For example, the European Union (EU) has a policy in place to ban the use of plastic bags and cups, which has contributed enormously to the growth of the market. This is why more and more companies and brands are turning to water-soluble packaging.

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The COVID-19 pandemic has started to hit businesses across many sectors and industries, including manufacturing, food production, automotive, aerospace and defense companies, government agencies, pharmaceutical manufacturers and producers of oil and gas products. The repercussions of this pandemic have caused numerous ripple effects in several global markets, including the water-soluble packaging market as well as many regional economies due to the temporary closure of manufacturing facilities. End users of these products also suffer from a drop in demand for their products as companies abandon their long-term strategies in favor of short-term survival.

Key Players Featured In Water Soluble Packaging Report:

  • Amtopack, Inc.
  • Changzhou Kelin PVA Water Soluble Films Co., Ltd
  • Cortec Corporation
  • Harke Group
  • Jiangmen Cinch Packaging Materials Co., Ltd
  • Kuraray Co., Ltd
  • Mitsubishi Chemical Corporation
  • Mondi Group
  • Sekisui Chemical Co., Ltd
  • Intelligent resolution industries

The study provides a detailed analysis of the main players in the Water soluble packaging market that includes manufacturers, suppliers and organizations, among others. Competitor analysis includes revenue regeneration, analysis of business segments and geographic presence in each country, key strategies and developments, product portfolio and SWOT analysis.

Global Segmentation of the water-soluble packaging market:

  • Based on raw material
  • Based on end use
  • Based on type of solubility
    • Soluble in cold water
    • Soluble in hot water

For any questions or customization, ask our industry [email protected] https://report.evolvebi.com/index.php/sample/request?referer=herefordshirelive&reportCode=004610

Geographic coverage of the global water soluble packaging market:

  • North America
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • The rest of europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the world
    • South America
    • Middle East and Africa

The North American region is expected to have the highest market share for the global water soluble packaging market. The water soluble packaging market is driven by the increase in the consumption of soft drinks, juices and water drinks due to changing lifestyles, growth in organized retail, increased consumption of packaged food products, introduction of innovative drinks in the global soft drink industry, growth in consumption of carbonated drinks due to the health benefits associated with the consumption of artificial sweeteners, growth in bottled water consumption and rapid urbanization.

IMP NOTE: All our reports will be updated taking into account the impact of the COVID-19 scenario.

Crucial pointer addressed in the report:

Understanding the Water Soluble Packaging Market: This section of our report describes relevant market topics that we researched and the direction we see in the industry. These include, but are not limited to, the segments discussed, company descriptions and key statistics regarding customer growth. This section provides a detailed analysis of the current as well as future growth factors of the market division into product types, end users, and regions.

Dynamics of the water-soluble packaging market: This section provides a detailed analysis of growth factors, restraining factors and business opportunities. Further, the report provides detailed analysis of the impact of COVID affecting market growth along with a precise focus on industry policies, regulatory framework, current issues impacting market growth. at national / international level.

Regional Outlook of Water Soluble Packaging Market: The country section is a breakdown by country of the correspondence between production and consumption rates.

Competitive Landscape of Water Soluble Packaging Market: This section provides a comprehensive market share analysis and in-depth analysis of the top 10 players covered in the market report.

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence and consulting company offering innovative solutions to meet the challenges of a business. Our market research reports contain data useful to micro, small, medium and large businesses. We offer solutions ranging from simple data collection to business consulting.

Evolve Business Intelligence is based on technological advances providing very precise data thanks to our internal tool for analyzing and forecasting data modeled by AI – EvolveBI. This tool tracks real-time data, including quarterly performance, annual performance, and recent developments of the world’s 2,000 fortune companies.

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